M-13 - Mining Act

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145. The licensee must report on his work within 90 days of the end of each year, and comply with the regulations in force at the time of the issue of the licence and made under paragraphs e and i of section 296 and with the other regulations in force at the beginning of each year.
The Government may by regulation reduce to the extent of 75% for the first year and 50% for each subsequent year the amount of the rental and the cost of the required work whenever a company or corporation duly authorized to carry on its operations in Québec holds five or more contiguous licences of a total area of at least one hundred thousand hectares in the electoral districts of Rimouski, Matapédia, Matane, Gaspé, Bonaventure, Rivière-du-Loup, Témiscouata and Îles-de-la-Madeleine, the Island of Anticosti, the St Lawrence River and Gulf in front of such districts, the territory of Abitibi and New Québec.
1965 (1st sess.), c. 34, s. 144; 1968, c. 36, s. 10; 1970, c. 27, s. 30; 1977, c. 60, s. 90.